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OZ 2.0 | State Resource

Minnesota

Public process

Last checked 2026-06-16

289

Total eligible tracts

107

Rural eligible

73

Max designations (25%)

0

Days to state deadline

Nomination process

DEED and Minnesota Housing are formally requesting input from counties, first-class cities, and Tribal governments to help prioritize which of Minnesota's 289 eligible tracts to nominate, with local input due June 30, 2026. Minnesota may nominate up to 73 tracts. Submit your jurisdiction's recommendation — including any tract carrying the rural flag under Rev. Proc. 2026-14 — to economicanalysis.deed@state.mn.us ahead of that deadline.

State deadline: 2026-06-30

Eligible tracts

Loading 289 eligible tracts…

View on EIG map → IRS appendix (XLSX) Source: IRS Rev. Proc. 2026-14 · EIG DCI 2023 · FFIEC CRA 2025 · Urban Institute 2026
County Eligible tracts
Hennepin County 73
Ramsey County 45
Anoka County 21
St. Louis County 16
Stearns County 9
Itasca County 8
Dakota County 7
Olmsted County 6
Mille Lacs County 5
Beltrami County 4

Data context

19

Eligible tracts in EIG DCI top distress quintile

The EIG Distressed Communities Index (2019–2023) is referenced in many state scoring rubrics. Quintile 1 = most distressed. See whether OZ 1.0 reached the most distressed places →

0

Counties with eligible tracts designated USDA persistent poverty

Persistent poverty = 20%+ poverty rate in every census 1980–2010. Source: USDA ERS County Typology Codes (2015 edition). Relevant for USDA RD program eligibility and QROF rural bonus. See QROF rural bonus mechanics →

188

Prior NMTC investments in eligible OZ tracts

CDFI Fund NMTC Public Data Release (2024). Indicates prior CDFI capital deployment track record in these tracts. See how NMTC and OZ stack →

224

Eligible tracts with CRA designation (LMI or distressed/underserved)

Banks earn CRA credit for investing in low- or moderate-income tracts (Track 1), and in non-metropolitan middle-income tracts officially designated distressed or underserved by FFIEC (Track 2). When an OZ project sits in a CRA-eligible tract, bank capital can satisfy CRA obligations while generating OZ tax benefits. How CRA and OZ interact →

Cities: Minneapolis, Saint Paul, Duluth, Saint Cloud, Rochester and 128 more

ZIP codes: 55411, 55404, 55103, 55106, 55117 and 195 more

See all 133 cities and 200 ZIP codes

All cities:

Minneapolis, Saint Paul, Duluth, Saint Cloud, Rochester, Mankato, Mora, Willmar, Sandstone, Waubun, Bemidji, Grand Rapids, Worthington, Finlayson, Deer River, Detroit Lakes, Hibbing, Pine River, Shakopee, Park Rapids, International Falls, Isle, Onamia, Mahnomen, Moorhead, Circle Pines, Faribault, Milaca, Albert Lea, Cambridge, Anoka, Backus, Austin, Wahkon, Verndale, Ogilvie, Pine City, Pequot Lakes, Waseca, Ostrander, Osage, White Earth, Northome, Ogema, Nisswa, Naytahwaush, Nashwauk, Willow River, Motley, Winger, Monticello, Waite Park, South Haven, Pipestone, Rush City, Sebeka, Savage, Spring Valley, Stanchfield, Sauk Rapids, Staples, Sturgeon Lake, Tamarack, Ulen, Rochert, South Saint Paul, Richwood, Virginia, Redby, Red Lake, Ranier, Princeton, Wadena, Preston, Ponsford, Ponemah, Aitkin, Menahga, Mcgregor, Effie, Eden Prairie, Eagle Bend, Cohasset, Clarissa, Cass Lake, Carlos, Canton, Callaway, Burnsville, Bruno, Browerville, Brook Park, Brewster, Brainerd, Braham, Bigfork, Bertha, Bena, Bejou, Bagley, Aurora, Audubon, Askov, Annandale, Fairmont, Farmington, Federal Dam, Hopkins, Mc Grath, Marcell, Mabel, Long Prairie, Akeley, Lengby, Le Roy, Laporte, Lake Park, Kelliher, Keewatin, Hinckley, Fergus Falls, Hillman, Harmony, Hackensack, Grygla, Grasston, Grandy, Garrison, Fosston, Foreston, Forest Lake, Fertile, Little Falls

All ZIP codes:

55411, 55404, 55103, 55106, 55117, 55421, 55407, 55408, 55430, 55433, 55405, 55429, 55130, 55104, 55412, 55113, 55414, 55901, 55102, 56301, 56001, 55051, 55434, 55443, 56589, 55904, 56201, 56601, 55406, 55744, 55432, 55802, 55072, 55805, 55413, 55112, 55806, 55418, 55420, 56386, 56359, 56304, 56342, 56187, 56560, 56435, 55428, 55449, 56007, 55444, 55454, 55455, 55735, 55746, 56501, 55423, 56474, 55912, 56470, 55902, 55903, 55906, 56481, 56557, 56353, 55303, 56649, 56636, 55116, 55118, 55119, 55126, 55127, 55107, 55008, 55401, 55014, 55379, 55021, 56387, 56379, 56466, 56358, 56650, 56464, 56461, 56452, 56450, 56446, 56440, 56670, 56438, 56651, 56437, 56641, 56661, 56433, 56431, 56401, 56666, 56671, 56668, 56657, 56566, 56639, 56468, 56350, 56570, 56575, 56577, 56578, 56554, 56585, 56591, 56592, 56619, 56542, 56540, 56537, 56521, 56516, 56621, 56626, 56511, 56502, 56482, 56628, 56479, 56477, 56633, 56569, 56472, 55006, 56347, 55146, 55426, 55425, 55422, 55415, 55409, 55382, 55378, 55371, 55362, 55344, 55343, 55337, 55302, 55155, 55144, 55467, 55122, 55110, 55109, 55108, 55101, 55080, 55075, 55069, 55063, 55037, 55030, 55029, 55025, 55024, 55435, 55704, 56345, 55939, 56338, 56330, 56319, 56302, 56164, 56119, 56093, 56031, 56002, 55975, 55965, 55961, 55954, 55951, 55922, 55705, 55905, 55007, 55816, 55807, 55795, 55792, 55787, 55783, 55769, 55760, 55753, 55745, 55721, 55712, 56727

Look up a specific tract (FFIEC) → Source: FFIEC Census Flat File 2026, joined to IRS Rev. Proc. 2026-14 eligible tracts.

92

Eligible tracts in top investability quintile (Urban Institute model)

The Urban Institute investability model scores OZ-eligible tracts by predicted likelihood of attracting private capital, based on OZ 1.0 investment patterns. Quintile 1 = highest predicted investability among scored tracts. Not all tracts are scored — coverage reflects tracts with sufficient OZ 1.0 data.

How to influence the nomination

The submission window is open. Here's what to do:

  1. Review the full process in the Nomination process section above.
  2. File before the state deadline: 2026-06-30.
  3. Build your case: document census data, existing development assets, letters of support from partners, and community need.
  4. For coalition-building tactics and sample language, see how-to-advocate.
  5. For step-by-step nomination documentation guidance, see the Accelerator for America OZ Designation Toolkit →

Who to contact

Minnesota Dept. of Employment and Economic Development (DEED)

https://mn.gov/deed/opportunityzones/

economicanalysis.deed@state.mn.us

(651) 259-7114

Certified CDFIs

32 certified CDFIs headquartered in Minnesota. CDFI Fund certified list →

USDA Rural Development

USDA RD Minnesota State Office →

RCAP Regional Partner

Midwest Assistance Program (MAP) →

Rural LISC

Rural LISC →

Native / tribal

No formal tribal consultation process has been published for Minnesota's OZ 2.0 nomination. If your jurisdiction contains or is adjacent to tribal land, contact the relevant Tribal Historic Preservation Office (THPO) or tribal government directly before submitting a nomination.

Eligible tract counts: IRS Rev. Proc. 2026-14 (April 6, 2026). Rural designation: Notice 2025-50, Section 4.01. Status tier last verified 2026-06-16. Full methodology.